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all of you to this reception celebrating the life and service of warren rudman. we are honored to join in hosting this reception. senator rudman has been hailed as a public servant who reach across party lines to get the job done for his country and his state. his independence and her rich, his focus on maintaining good government, and fierce loyalty to his home state, new hampshire, is something we in congress strive to attain. we will miss him. we will try to live by the standards he said. i remember when he was chairing the iran contra hearings in this room. even though we were from different parties, i thought how proud i was that he represented the state of new hampshire. i offer my condolences to the entire rudman family, his wife, children, and grandchildren. looking at the celebrated speakers who are here today to remember warren rudman, it is clear just how significant his contributions were to the senate and to the country. i am pleased to introduce my colleague, the other senator from the state of new hampshire. [applause] >> i want to thank my colleague, senator shaheen. i
stewart. my guest tonight, warren buffett and financial journalist carol loomis. they are on the show tonight and -- tonight meeting for the first time on this show. (laughter) they wrote a book together, actually. as you know, if there's one thing all americans can agree on, we love black friday. whether you're a fan of shopping or trampling. (laughter) which is why i was just -- i was so upset to see on this holiest of days a news story about people protesting in front of their local wal-mart. >> thousands of wal-mart employees are staging walkouts and protests over this holiday weekend. the workers are upset about having to work on thanksgiving day and they're also speaking out for better pay and benefits. >> jon: what? (laughter) you get to work at wal-mart on thanksgiving day! (laughter) a ring side seat to the greatest show on earth. >> i it's a black friday tradition. >> (bleep). i'll stab one of you mother (bleep) (audience reacts). >> jon: do you know how much people pay to go to fights like that? (laughter) you get paid -- some -- to see it. (laughter) isn't that benefit eno
standing by while warren buffett was becoming warren buffett. and it was a remarkable thing that we were allowed to do and i loved it. >> rose: buffett and loomis for the hour. next. >> rose: warren buffett and carol loomis are here. one of the world's most successful investors and a long time friend of this program. she is the legendary "fortune" magazine writer who followed his career since he was a 35-year-old hedge fund manager from omaha. in 1966 she couldn't even get his name right. she spelled his name with only one "t." it was an unlikely start to a beautiful friendship and to "fortune"'s coverage of the man who we've come to know as a chairman of berkshire hathaway, tap dancing to work is carol loomis' new book, it's a collection of articles telling the remarkable story of warren buffett. it's also a story about friendship. i'm pleased to have them together at this table. welcome. >> thank you. >> rose: so good to have you together. >> terrific. >> i want to talk about the book and about the career and about "fortune" magazine and the relationship, but first this morning we all
the e. so it's warren. >> are we close at all there? not really? it is warne. have you been on before? >> no, i have not been on with you. >> then you really haven't been on. >> sorry. >> jim freeman is principal at llc. i'm having mood swings about the fiscal cliff because i'm watching the way it works. and i go between if we did go over at least some of the things that we seem to keep putting off start happening. if we don't go over, i worry that we just take the easy way out and we don't really accomplish -- we just delay the inevitable. where are you on that? >> well, we'd rather see a fist calf stair step. in other words, instead of a cliff, that you reduce the deficit over time in a much more orderly fashion. >> with a plan, though. >> with a plan. exactly. bowles simpson was a plan. >> bowles simpson is so far gone at this point. >> but when you look at those, they all have some come by neigh of spending cuts and tax increases. the idea is that over a period of time, you basically put the country in a better path, the government in a better path to spending and taxation. what y
the massachusetts senate race for a elizabeth warren over scott brown. i am going to go back to that point. this is the network calling the race for elizabeth warren over scott brown. let's turn to massachusetts for our next guest. >> this is an interesting race because scott brown was deciding -- was trying to run away from mitt romney and the extremists and in a lot of republican platform. i want to bring in a republican guest to works with the american civil liberties union and has been monitoring house some of these issues have played out. kate joins us from massachusetts. tell us the situation in massachusetts right now and how it impacts if it is true elizabeth warren has won these issues? >> i wanted to quote jones who sent a tweet about how difficult it has been to vote for people in virginia as well as florida. let's see if i can find it. he talks about -- he says in virginia and florida people are waiting hours to vote. they have kept the polls open in virginia, and he said its should not take this kind of heroism to vote in america in 2012. stay in line. we have just gotten this
interesting op-ed by warren buffett, who points out that early in his career in the 1950's and 1960's when he was making a lot of money, the tax rate was many times higher than it is today. he is calling on rich americans to pay up. >> is warren buffett and out liar in this respect, or will he be able to drag with him -- is warren buffett on the outside in this respect, or will he be able to drive with him others? >> we have seen republican lawmakers start to soften. the key is whether republican donors start to soften, too. we have seen how the rich have a particular ability to lobby for their best interests, and that has been the story in america for the past three decades. this election with a bit of a referendum on that balance of power. we will see if the president has that muscle to push that through. interesting that you mentioned mark carney. he is a hero, in my book. as one of the governors of the bank of canada, he thought -- fought the powers there. >> sure the discussion that america is having now focus on this issue of inequality that you have written about in your book? and will
exactly how to keep raking it in. >>> the "oracle of omaha" make as new gamble. where warren buffett sees the next cash cow and how you can follow in his footsteps. even when they say it's not it is still always about money. melissa: all right, first let's take a look at the day's market headlines. stocks tumble yet again following the worst session of the year yesterday despite better than eepected u.s. jobless claims and u.s. export data. rising concerns over the fiscal cliff shook investors yet again the dow closed down 121 points. >>> disney shares are sliding after-hours the company reported fiscal fourth quarter earnings a short time ago. disney coming in a little light on revenue while meeting profit expectations. >>> shares of whole foods took a nearly 6% hit. the company warned superstorm sandy is taking a bite out of sales and will hurt earnings. >>> to our top story. check out this headline from the atlantic. this is the worst election for wall street in decades. they're hysterical. it goes on to say it is a combination of president obama, elizabeth warren, alan grayson, newly
leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his party back away from that promise? joining me in his first interview since the election, reince priebus, chairman of the republican national committee. welcome back, mr. priebus. how are you? >> doing great, piers. how are you? >> you have been keeping your head below the paraput since the shellacking you guys took in the election. what is your reaction to the pretty poor defeat? >> wel
to the group led by warren jeffs. you may remember jeffs was suspected of taking dozens of underaged brides, but he was convicted last year of sexually assaulting two young women. and another of the towns where jeffs' followers live is in the spotlight, as well, and this one is on the border between utah and arizona. abc news spent a year investigating the education of children there and the control jeffs still exerts from his prison cell. amy robach made the trip to a secret world. >> reporter: deep in the desert, on the border between utah and arizona, a polygamous sect of 8,000 people are still living a secret live, obeying the commands of their leader, warren jeffs. he was sentenced to life in prison for the sexual assault of girls as young as 14. >> we miss our prophet. we know he is innocent. >> reporter: a year-long investigation by "20/20" reveals that jeffs, from behind prison bars, still controls every aspect of his followers' lives. >> obey the prophet when he speaks, and you'll be blessed. disobey him -- it is death. >> reporter: in this community, where a man needs three wives
, warren jeffs. officials are taking steps to seize the ranch where they say jeffs committed his crimes against children. gary tuchman has a rare look inside the secretive compound, ahead. >>> a homeless man comes face-to-face with a new york city police officer. a photograph of their exchange goes viral instantly. you will find out what this officer did that captured the hearts of so many people, ahead. >>> in crime and punishment, the state of texas is taking the first steps to seize the ranch used by a polygamist havens of sect leader warren jeffs. pr prosecutes say they used the ranch to sexually abuse children. jeffs is now in prison serving a life sentence for sexually assaulting two underaged brides. in 2008, police removed hundreds of children from the ranch after child protection officials found what they describe as a pervasive pattern of abuse, including the forced marriage of young girls with older men. the texas supreme court did not find enough evidence the kids were in danger and ordered them returned. gary tuchman visited the ranch a short time later and filed this story
republicans are secretly saying behind closed doors about elizabeth warren coming to washington. not exactly planning a welcome party. >>> and how about this picture all over the internet? we'll explain what it's all about. >>> in a conference call, he won because he gave big gifts to target ed voters but some believe he won because of the big gift he got from republicans. [ male announcer ] what are happy kids made of? bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy dog tails. for a lunch like this, there's a hug and a kiss. because that's what happy kids are made of. campbell's. it's amazing what soup can do. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. wears off. [ female announcer ] stop
for president of united states. >> all right guys, stick with us. coming up on "way too early," elizabeth warren gets a win over scott brown in that closely watched massachusetts race. we'll look at how all the big races play out across the country, what it means for the coming fiscal fight on capitol hill. also ahead, bill karins going to join us from down democracy plaza with an update on this radar map a nor'easter headed straight for some of the same areas wiped out by last week's superstorm. we'll be right back at 30 rock in just a minute. >>> last night president obama became just the 17th president in u.s. hist troy win a second full term in office when he defeated mitt romney to reclaim the presidency. should he serve out the full second term, he'll be the 13th president in our country's hist troy do so. you want to sound smart today? tell your friends that president obama's re-election marks the first time, get this, since 1816 that the united states has had three consecutive presidents elected to a second term before president obama, of course, george w. bush and bill clinton. the last
reagan on california and isaacs on warren buffett. here we go. "varney & company" is about to begin. looking for a better place to put your cash? here's one you may not he thght of -- fidelity. now you don't have to go a bank get the things you want from a bank, like no-fee atms all over the world. free checkwriting and mobile deposits. now depositing a check is easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account day and discover another reason >> wednesday, november 28th a bombshell report from forbes this morning, 11 states are in a death spiral. don't buy a house and don't invest in their municipal bonds. california, new york, illinois, of course they're on the list and smaller states like mississippi and new mexico also on that death spiral list. and the problem with the states accord to go william baldwin, he wrote the story, more takers than makers and all have more people depending on the government than working in the private sector and like california, for
deductions and other credits are otherwise available to them. we'll hear more directly about that from warren buffett later in the show, but this show is more about politics and economics. right now remember that in 2010, president obama vowed to eliminate the bush tax cuts for the rich. he folded back then. he allowed them to be renewed for another two years, but this time he campaigned on letting them expire, and fresh off his election once again, staring down a republican-led house, the president is warning the wealthy that they will pay more. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists, will have the least positive impact on our economy. >> now, in return for the tax revenue, the president says he will negotiate with congress on spending cuts. he claimed the cuts together with the revenues from raising taxes on the rich would reduce the federal deficit by $4 trillion over the next decade. that's the president's plan, but without a compromise with the republicans, america could be headed over the fiscal clif
that is progressive or in a way that is fair. did warren buffet's op-ed, did that have an impact within republican circles? >> well, warren buffet is not a great favorite of the republicans, but i hope they catch his point. what is he saying? he's saying i'm a multi billionaire. i've never heard of any investor rejecting a good way to make money. a good investment just because of taxes. but here's the other point eliot and it's at the heart and soul of what we're discussing. the middle class in this country is disappearing. do you really balance the budget by going after people who are already seeing a significant decline in their standard of living or do you ask the people on top as buffet reminds us, who are doing phenomenally well and their effective tax rate, take mitt romney, is extremely low. he says this is a no-brainer. >> eliot: he said it's at 19.5% and that is simply, he said it's unfair and it has led to the maldirection of income and wasn't. he said do something about it. that's why he should be-- >> what is really grotesque, you may have seen on some of the network tv, people like ll
do? whose side would he take? imagine that? whose side would jesus take? pastor rick warren will tell us. not exactly but after this. neil: coming to you from beautiful california, los angeles. you know, i always wondered with all the problems in this incredible state, why do people stay here? i came out of a snowy, new york city last night. it was about, what would you say, 30, 35 degrees warmer here? that's why. that's why. so sure you will pay your entire salary in taxes to put up with that because it is just so beautiful. it is so beautiful. it is a great state. it has a lot of great potential but for a lot of people here the pedal will start hitting the metal. two million nationwide, 400,000 in california, alone, they will lose their unemployment benefits if congress does not act by year's end which by my math is 33 days from now. liz macdonald says that isn't necessarily a bad thing. she is joined by lori rothman as well. liz, with your tough love approach as always, being the wicked genius you are, you are saying tough love might be okay? >> i don't want to sound like a heartle
in the english language is this one. elizabeth warren will be the next senator from the state of massachusetts. now that that very scary sentence has come true, we'll explain how the really interesting in a very specific way. next. makes tv even better. if your tv were a prom queen, zeebox would be a stretch limo. with this enchanting union, comes a sunroof she can scream from... i'm goin' to prom! [ male announcer ] ...and a driver named bruce that she can re-name james... faster, james! [ male announcer ] ...just 'cause. download zeebox free, and have the night of your life with your tv. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i
sentence in the english language is this one. elizabeth warren will be the next senator from the state of massachusetts. now that that very scary sentence has come true, it's playing out in an interesting and very specific way. that's next. makes watching tv even better. if your tv were a slow running teenager, zeebox would be a horror movie monster. together they'd create heart-pounding magic... ahhhhhhhh, i fell over. grooaaaaaarrrr! [ screams ] ...that would forever bring couples closer on couches. download zeebox free, and go... grooaaaaaarrrr! ...when you watch tv. the lightest 7" hd tablet with the best screen for reading. magazines, books and now movies look better than ever before. and with individual profiles, it's one great tablet designed to be shared with the whole family. you just might not want to. introducing nook hd, the best 7" tablet for reading and entertainment. at barnes & noble and walmart. >>> the system is rigged. look around. oil companies guzzle down billions in profits. billionaires pay lower tax rates than their secretaries. and wall street ceos, the same on
. the president spoke with warren buffett. one of the richest men in the world. he spoke with the ceo of jpmorgan chase. e he spoke with the ceo of apple, which is a bigger market capitalization than any other company in the world. the president spoke with the ceo of boeing, which is the largest export exporter in the united states. he spoke with the ceo of coast koe, one of the world's biggest retailers. all the calls to the top tier ceos come right on the theels o the president's meeting with a different list of top tier ceos. given how obsessed they were with the titans of the business world siding with mitt romney over president obama, i'm surprised that the president making this much nice with the who's who of the business world has not attracted more mainstream attention. turns out i'm a bad e predictor of what the beltway media thinks is interesting. in any case, with all of the president to ceo chitchat, it does raise the question of whether the president is trying to hit the reset president with the business community in general. specifically, with some of the most powerful and influence
prophet, warren jeffs. officials are taking steps to seize the ranch where they say jeffs committed his crimes against children. gary tuchman has a rare look inside the secretive compound, ahead. e card account with us. >> announcer: we all love a good deal during the holidays, especially identity thieves. they can open an account in your name and go on a serious spending spree. >> do you have cufflinks? >> mm-hmm. >> gold ones? >> announcer: not on our watch. we're lifelock, with the most comprehensive identity theft protection you can buy. go to lifelock.com or call 1-800-lifelock today. [whoosh] lifelock-- relentlessly protecting your identity. [ male announcer ] this december, remember -- you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> a homeless man comes face-to-face with a new york city police officer. a photograph of their exchange goes viral instantly. you will find out what this officer did that captured the hearts of so many people, ahead. . mee
in the investigation into self-proclaimed polygamist prophet, warren jeffs. officials are taking steps to seize the ranch where they say jeffs committed his crimes against children. gary tuchman has a rare look inside the secretive compound, ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars this season, discover aleve. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one
stabbed her roommate to death, the prosecutors say. lowell melser joins us live with warren today's testimony. -- with more on today's testimony. >> the both agree that dominique frazier and alexis simpson did not like each other, but that is where the similarities in their stories end. opening statements in the murder trial of 20-year-old alexis simpson, the former bowie state simpson accused of murdering her roommate, dominique frazier. both sides concede the girls did not like each other. the prosecution told the jury that simpson stabbed frazier after an argument concerning loud music frazier was playing in their dormitory suite. the defense attorney for simpson says she acted in self-defense and that she was constantly bullied by frazier and other girls. the jury heard testimony from a number of witnesses including family members of simpson. the most emotional came from tyrelle warren testified he was in this week visiting another girl. he, the girl, and frazier were to attend a comedy show on that evening. he said frazier and since and got into a heated argument in the two g
. >> kaine. >> kaine. that is 8 for kaine. >> massachusetts -- elizabeth warren r. scott brown? >> warren. >> i think warren. >> sharon brown and lh. >> casey in pennsylvania. >> kerrey in nebraska, which nobody would have predicted -- >> kerrey the democrat. medal of honor winner. >> he has the endorsement of chuck hagel and alan simpson, both serious republican leaders in their day in the senate. >> it is close in the poll. chris murphy wins in connecticut. linda mcmahon's second race, millions of dollars. joe donnelly in indiana and not against mourdock. -- hanging on against mourdock. jon tester in montana absolute dead heat. heidekamp in north dakota, r an a tour of the campaign, even with the republican -- think.ill is close, i >> do you see much ticket splitting? a vote for obama or romney and then vote for republican or democrat for the senate? >> i think we are a more polarized nation. >> ticket splitting would be good because there is an interesting theory that it would be helpful to romney if the democrats kept control of the senate by a vote or two because it would allow romne
between republican scott brown and democratic challenger elizabeth warren, and right now the clear politics poll average has warren up by 4.5. politico is up there in boston covering the race. dave, thanks for joining us from politico. >> absolutely. >> let me ask you about that race. it seems like something happened a couple weeks ago. was it the mayor's endorsement and putting all the troops? but that's only 8% of the electorate. what got her on top of the race? >> i think it's women voters that were in brown's camp, still sort of flirting with him this summer in polls, moving towards warren, and i talked to some pollsters and voters on the ground today, and that's all you hear about on the airwaves, in the messaging. it's all designed to court women voters. some of them declaring themselves independents, although democrats have a big registration advantage up here 3 to 1, but i think if you look inside the polls, that's what's given warren the lead. brown still beats her among independents overall, but he's losing female voters. she has widened the gender gap. >> you're going to
and keith is right, president is bluffing. we'll see. warren buffett thinks it's good business for government to tax the rich. eric disagrees with the oracle of omaha. that discussion is next on "the five." ♪ ♪ many of my patients clean their dentures with toothpaste. i tell them dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. [ male announcer ] polident. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-80
control of the senate approved in massachusetts, elizabeth warren defeated incumbent massachusetts republican senator scott brown. missouri senator claire mccaskill held off tea party favorite todd akin, who stirred controversy by saying women's bodies could ward off pregnancy in cases of what he called "legitimate rape." in indiana, democrat joe donnelly defeated another tea party favorite, richard mourdock, to fill the seat of retiring republican senator@ richard lugar's sea. in the wisconsin senate race, democratic congresswoman tammy baldwin defeated former governor tommy thompson, making baldwin the first openly gay senator in u.s. history. in connecticut, pro wrestling magnate and republican linda mcmahon lost to congress member chris murphy, despite spending nearly $100 million running for office. in maine, former governor angus king, an independent, won a three-way contest for the senate seat of retiring republican olympia snowe. king is expected to caucus with democrats. while the democrats retained control the senate, republicans remain in control of the 435- member house
in massachusetts teachers senator scott brown, a republican, is in challenger elizabeth warren, a democrat. in the 2010, scott brown won a set -- one a special election for the seat, long held by ted kennedy. this debate comes to us courtesy of wshm tv and was held in springfield on october 10. a final debate was scheduled for october 30 but was canceled because of hurricane sandy. >> good evening. welcome to symphony hall for a debate between scott brown and elizabeth warren. i am honored to be the moderator tonight. we have rules this evening. our audience of more than 2600 guests have agreed to be silent. no interruptions or applause. each candidate has a minute and 30 seconds to answer each question, and 30 seconds for rebuttal. later, each candidate gets one minute for a closing statement. a coin toss has determined the speaker order. we have received more than 200. every question is based on an idea from the public. elizabeth warren won the first coin toss. just last week, we saw the national unemployment numbers fall below 8%. millions of americans are still looking for jobs. things
over the election of elizabeth warren to the senate. why does carolla care? westerny goldberg on thoughts on the petraeus scandal. that should be interesting. hope you stay tuned to those reports. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >> bill: unresolved problem seeing want tonight. on electric night i said this about many voters who supported president obama. >> it's a changing country. the demographics are changing. it's not a traditional america anymore. and there are 50% of the voting public who want stuff. they want things. and who is going to give them things? president obama. he knows it and he ran on it. >> bill: well, just today my theory backed up by the government statistical bureau according to the feds
entitlement reform. >> that's a whole nother conversation. on the issue of taxes warren buffett has written an op-ed in "the new york times" today renewing his stire to see taxes go up on people like him and him himself. in the op-ed he says people who make between a million and $10 million should see their taxable rate go up to 30% and those who make more than $10 million should be taxed at 35%. we'll be back after the break. see you on the other side. as i looked out across the battlefield at antietam. i saw the future of one great nation. but only barely, because the sun was like, way in my grill. george mcclellan, the general, hands me his pair of foster grant sunglasses, and i could see! my wife, mary todd, found them so fetching. >> he looked so fine i started to call him babe-raham lincoln. >> i was like, mary, please. >> you look like a baby, a literal child. i bought a pair online, shipped to 115 main st., that's my gettysburg address. i'm funny. i find them to be affordable frames, of the people, for the people, and, not, by the people, that's par
. >> nancy, thank you. >>> billionaire investor warren buffett on monday i asked him about the fiscal cliff. here is part of that interview. >> what happens if the fiscal cliff comes and happens? what will it do to our economy? >> i don't think it will do that much. i think people will assume a solution will be found quite promptly. it's a little like the debt ceiling question. people know -- the rest of the world may think we're idiotic at times but don't think we're going to commit suicide. so i think if -- i hope something gets worked out before january 1st. if it goes a little bit beyond that, i don't think -- >> if it's january 10th -- >> if you guaranteed me that the fiscal cliff, we would go past that, i wouldn't sell a share of stock today. >> you have confidence that in the end they will fix it? >> and that this economy works. >> he is confident of a deal huh? >> he really does. he believes there's a possibility -- he thinks it will take some time. first thing he wants to see is a minimum tax, which they can do now in terms of people who make more than a mi
. dagen: im dagen mcdowell. warren buffett lays into grover norquist. he is here to respond. connell: $250,000. is there any chance that number will go off? dagen: a company ordering workers to get flu shots or lose their job. connell: the rush to get the gifts for the holidays. it is cyber monday. dagen: just remember connell mcshane, you are getting nothing from me. talking about wider markets. nicole: some of the traders, do not forget, last week we were gaining 3.3% on the dow jones industrials. right at that 1400 mark. hitting some key resistant levels. likely to see a little bit of a pullback. the trend is still to the upside. as far as the major market average, you are seeing the dow and s&p down a half of a percent each. i want to take a look at abercrombie and fitch. , that insiders, they talk about the fact that abercrombie was the clear winner of the weekend stops. connell: grover norquist. here is what he said this morning. >> supposed an investor that you admire and trust comes to you saying this is a good idea i think you should think about it. it all depends on what my tax r
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